Deed-restricted open space. Not less 60% of the lot on which an active adult housing development is to be located shall be used for and maintained as deed restricted open space composed of pervious surfaces set aside for the growing of vegetation, including lawn area, trees, shrubs, grasses, plants, flowers and also including lakes, ponds, streams and other natural features, on which passive recreational activities improvements may be constructed or installed and used by the occupants of the active adult housing development and their invitees. The deed-restricted open space may be owned and managed by the homeowners' association of the active adult development, a nonprofit trust, or a conservancy.